Business & Money | Sunday 22 October, 2023 2:52 pm

Saudi Electricity plans SAR 500 bln investment by 2030

Saudi Electricity Co. (SEC) announced that it plans to invest around SAR 500 billion by 2030 to build electricity transmission networks and ensure connectivity between all regions of the Kingdom by deploying cutting-edge technologies.   The company made the announcement...

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Business & Money | Sunday 22 October, 2023 1:44 pm

Majeed Al Abduljabbar appointed as the CEO of Saudi Real Estate Refinance Company (SRC)

The Board of Directors of the Saudi Real Estate Refinance Company (SRC), wholly owned by the PIF and headed by His Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majed bin Abdullah Al-Hogail, announced today that Mr. Majeed Al Abduljabbar will assume the role of Chief...

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Business & Money | Sunday 22 October, 2023 12:57 pm

Saudi Arabia sure to become key player in global supply chains: Alkhorayef

The Kingdom of Saudi Arabia is betting that it will be one of the major countries in the world to contribute to supply chains in general, said Minister of Industry and Mineral Resources, Bandar Alkhorayef.   During the fifth session of the Supply Chains and Logistics Services...

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Government | Sunday 22 October, 2023 12:56 pm

Dubai Customs Showcases Cutting-Edge Innovations and Expands Global Collaborations

Dubai Customs is deeply committed to bolstering its regional and global prominence in advancing customs operations. They achieve this by nurturing partnerships with customs administrations worldwide. This is accomplished through hosting visiting delegations and acquainting them with the innovative...

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Tourism & Hospitality | Sunday 22 October, 2023 12:13 pm

Minister of Economy holds meetings with Brazil, Spain, Uzbekistan, Georgia and UNWTO to strengthen tourism cooperation

Abdulla bin Touq Al Marri, Minister of Economy, held meetings with Celso Sabino, Minister of Tourism of Brazil; Rosa Ana Morello Rodríguez, Minister of State for Tourism of Spain; Aziz Abdel Hakimov, Minister of Environment, Environmental Protection and Climate Change and responsible for the...

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Business & Money | Sunday 22 October, 2023 12:11 pm

Saudi has to grow value chains’ contribution for economic diversification: Minister

Saudi Arabia should grow contribution to the value chains to achieve economic diversification in the different industries, said Saleh Al-Jasser, Minister of Transport and Logistic Services. Supply chains represent the basis to increase the economic presence through localizing the content of...

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Business & Money | Sunday 22 October, 2023 12:09 pm

Monsha'at supports 160 enterprises to list on stock market

As many as 160 enterprises were qualified for listing on the stock market, of which 14 were already listed, with the support of the Small and Medium Enterprises General Authority (Monsha'at), Sami Alhussaini, Monsha'at Governor stressed in his speech during Riyadh’s CEOs Forum dated Oct....

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Business & Money | Sunday 22 October, 2023 12:06 pm

"Jazeera Paints" Shares Its Experiences and Know-How in Yemen

“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, resumed its “All in One” seminar series in Aden city, Yemen, which was attended by multiple officials and a group of engineers, designers, senior contractors and...

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Business & Money | Sunday 22 October, 2023 11:10 am

Arcapita GCC Industrial AUM reaches $1bn

Arcapita Group Holdings limited (“Arcapita”), the global alternative investment firm, is currently managing $1 billion of industrial real estate assets, making it one of the largest industrial real estate platforms in the GCC region. The firm is expected to double its GCC logistics AUM by 2025...

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Technology & IT | Sunday 22 October, 2023 10:24 am

Global IT Challenge for Youth with Disabilities 2023 to be held for the first time in Abu Dhabi from October 25 to 27

Abu Dhabi Emirate is hosting the final round of the Global IT Challenge for Youth with Disabilities 2023 from October 25 to 27, marking the first time in the Middle East and North Africa. The event is bringing together 87 participants from 15 countries at the Abu Dhabi National Exhibition Center...

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